The Federal Reserve Act says governors may be “removed for cause by the President.”

The 10-year yield ended at 6.76 per cent on Friday, its highest close since mid-May.

CYCLING ROAD-TOUR OF CALIFORNIA/RESULTS:Cycling-Road-Tour of California stage 1 results

ICEHOCKEY-NHL-HIGHLIGHTS/:NHL-Highlights of Monday's NHL games

RUGBY UNION-ENGLAND-CONCUSSION:Rugby union-Former players criticise RFU concussion decision